On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $100,000,collections of credit sales of $85,000,and write-offs of $20,000.Davidson uses the direct write-off method.At the end of January,the balance in Bad debts expense is:

Question

On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $100,000,collections of credit sales of $85,000,and write-offs of $20,000.Davidson uses the direct write-off method.At the end of January,the balance in Bad debts expense is:

Quizplus · Accepted Answer

The Answer of On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $100,000,collections of credit sales of $85,000,and write-offs of $20,000.Davidson uses the direct write-off method.At the end of January,the balance in Bad debts expense is:

On 1 January,Davidson Services Has the Following Balances